Bitcoin investor B HODL (LON: HODL) has bought back nearly 800,000 shares during the week. The purchase prices were between 4.57p/share and 4.8p/share. the share price recovered 13.5% to 5.25p.
FALLERS
Reveille Resources (LON: REV) has submitted the Environmental Impact Assessment (EIA) for the Val Vedello uranium prospect in Lombardy. The review of this application should be completed within nine months. The Novazza EIA was submitted in April and the authorities have visited the site. The share price more than doubled after the first week of trading and there was some profit-taking which led to a decline of 30.4% to 8p. The issue price was 5p.
Skin treatments developer Incanthera (LON: INC) has completed the acquisition of enielle assets and it is being integrated with the business. Laura Brogden is stepping up to the board as finance director and company secretary. Werner Burki has been appointed a non-executive director and Caroline Murray will become chair. The company intends to reduce costs with the board mainly getting paid via options until profitability is achieved. The share price dipped 22.9% to 1.35p.
Delta Gold Technologies (LON: DGQ) says the sponsored research at The Pennsylvania State University and University of Toronto have been making progress. The former has filed three patents that confirm “gold nanoclusters are a genuinely distinct class of quantum material rather than an incremental improvement on existing approaches”. They have particular applications in computation, sensing, and communication. At the University of Toronto there are likely to be patent applications in 2027. This research uses work uses Molecular Beam Epitaxy to work with gold at an atomic level. The share price fell 15.2% to 140p.
Ian Bagnall has taken a 3.21% stake in Ormonde Mining (LON: ORM). The share price decreased 9.09% to 0.25p.
Ethry (LON: ETHY) is refocusing its strategy from standalone battery storage to solar-led developments in response to grid connection reforms. Three solar sites are in development and there are negotiations over other sites. Quantum computing will no longer be a focus. A non-disclosure agreement has been signed for a US data centre project with a specialist provider and there are discussions with a second data centre provider in the UK. There are talks with strategic investor the Liechtenstein Trust Integrity Network over potential opportunities. The share price slipped 5.13% to 0.185p.